The Miltonian
1287 Costigan Rd,
Milton, ON L9T 0Y9
$2,395 - $2,595
1-2 Beds
Rental Market Trends in Milton, ON
What is the average rent in Milton, ON?
$1,827/month
Average Rent
590 Sq Ft
Average Apartment Size
-2.3%
Decrease in the Last Year
As of April 2026, the average rent in Milton, ON was $1,827/month. When you rent an apartment in Milton, you can expect to pay as little as $1,631 to as much as $1,895, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Milton, ON?
In the past year, rent has decreased by 2.3%, which averages out to $42 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Milton, ON
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
14%
$1,001 - $1,500/month
29%
$1,501 - $2,000/month
57%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Milton?
Based on current rent prices, Milton/Halton Hills is the most affordable neighborhood in Milton.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Milton?
Based on current rent prices, Milton/Halton Hills is the most expensive neighborhood in Milton.
Neighborhood
Average Rent
Average Sq Ft
Which Milton neighborhoods have the most rentals available?
The neighborhood in Milton with the most apartments available is Milton/Halton Hills .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Milton, ON?
Because the average rent in Milton is $1,827, you’ll want to make about $6,090 per month or $73,080 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Milton, ON compare to other nearby cities and neighborhoods?
Use the tool below to compare Milton, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,640/month
$1,640/month
One Bedroom
$1,867/month
$1,867/month
Two Bedroom
$2,266/month
$2,266/month
Three Bedroom
$2,243/month
$2,243/month
Nearby City Rent Trends
Apartment communities in Milton we think you'll love
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.